9 Jul 2025
🌍New Sanctions Regulations from OFAC Enable Key Business Transactions
Publication of Global Terrorism Sanctions Regulations and Foreign Terrorist Organizations Sanctions Regulations Web General Licenses 22A, 23A, 24A, 25A, 26A, and 28A
Summary
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing six general licenses (GLs) issued pursuant to the Global Terrorism Sanctions Regulations and Foreign Terrorist Organizations Sanctions Regulations: GLs 22A, 23A, 24A, 25A, 26A, and 28A.
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$$ - High
The regulations include several General Licenses that authorize specific transactions with entities linked to Ansarallah, affecting businesses involved in agriculture, telecommunications, medicine, and remittances. This authorization allows businesses to engage in previously prohibited transactions, thus impacting compliance and operational strategies broadly.